Franklin

Cryptocurrency

Solana

Strong

Vector

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/solana-sees-strong-net-inflows-and-price-growth/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Solana Sees Strong Net Inflows and Price Growth</a><br></p>
<p style="text-align: justify">Solana is recently attracting attention with significant net inflows and robust price increases. As the fifth-largest <a href="https://en.coin-turk.com/impending-crypto-legislation-could-bring-july-volatility/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency</a>, Solana is gaining value due to new developments that are not tied to memecoins.</p>
<h2 id="solana-surpasses-ethereum-in-inflows">Solana Surpasses Ethereum in Inflows</h2>
<p style="text-align: justify">According to data platform Artemis Terminal, Solana has achieved strong net inflows over the past three months, outperforming all blockchains. Despite Ethereum having the highest inflow and outflow during this period, Solana took the lead with a net inflow of $992.6 million.</p>
<p style="text-align: justify">September 12 stands out as the day with the highest net inflows, where Solana recorded a staggering net inflow of $655.1 million.</p>
<h2 id="solana-expands-beyond-a-cryptocurrency">Solana Expands Beyond a Cryptocurrency</h2>
<p style="text-align: justify">Solana is increasing its adoption due to real use cases. At the recent Solana Breakpoint Conference, the Play Solana Gen1 portable gaming device, specifically developed for Web3 games, was introduced.</p>
<p style="text-align: justify">The crypto-friendly travel booking platform Travala is utilizing the Solana Blockchain to facilitate flight and accommodation bookings with <a href="https://en.coin-turk.com/solana-surpasses-xrp-to-become-the-fifth-largest-cryptocurrency-by-market-cap/" data-wpel-link="internal" rel="noopener noreferrer nofollow">SOL</a>, <a href="https://en.coin-turk.com/usdt-achieves-historic-high-market-value-amidst-volatility-in-the-crypto-ecosystem/" data-wpel-link="internal" rel="noopener noreferrer nofollow">USDT</a>, and USDC.</p>
<p style="text-align: justify">Financial giants Citigroup and Franklin Templeton have announced new projects on Solana. Citigroup will test cross-border payments on Solana, while Franklin Templeton plans to create a mutual fund on the blockchain.</p>
<p style="text-align: justify">VanEck’s Market Vector report indicates that Solana is currently undervalued and could rise to half the market capitalization of Ethereum. These developments are seen as positive signs for Solana’s future.</p>
<p>The post <a href="https://en.coin-turk.com/solana-sees-strong-net-inflows-and-price-growth/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Solana Sees Strong Net Inflows and Price Growth</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Solana Sees Strong Net Inflows and Price Growth

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